Question

1 Type the correct answer in the box. Spell all words correctly. Which type of market research data is Roland about to analyze? Roland works as a researcher for his manufacturing firm. He has conducted primary research to collect relevant market research data that will help his firm. He decided to use mathematical and statistical tools to analyze the data because the data is____ In nature.​

Answer 1

quantitative

Step-by-step explanation:

Systematic application of the statistical as well as logical techniques to describe the data scope, condense the data representation, modularize the data structure, illustrating through images, graphs and tables, and evaluating the statistical inclinations or probability data, so as to derive a meaningful conclusions, is called as Data Analysis.

Analyzing data can be qualitative in nature or quantitative in nature.

In the context, Ronald working as a researcher in a firm uses the mathematical as well as statistical tools to analyze data as his data are is quantitative in nature.